{"id":401968,"date":"2024-03-04T15:30:36","date_gmt":"2024-03-04T15:30:36","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=401968"},"modified":"2024-03-06T15:27:20","modified_gmt":"2024-03-06T15:27:20","slug":"worldcoin-userbase-nears-4-million-amid-global-privacy-probes","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/worldcoin-userbase-nears-4-million-amid-global-privacy-probes\/","title":{"rendered":"Worldcoin userbase nears 4 million amid global privacy probes"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/coins\/worldcoin-org-wld\/\">Worldcoin's<\/a> adoption continues to grow despite the growing privacy concerns from several jurisdictions.<\/p>\n<p>According to its <a href=\"https:\/\/worldcoin.org\/\">website<\/a>, registered users on its platform have reached almost 4 million in less than a year after its launch, registering more than 600,000 accounts within the past week.<\/p>\n<p>Worldcoin, a crypto project co-founded by\u00a0<a href=\"https:\/\/cryptoslate.com\/people\/sam-altman\/\">Sam Altman<\/a>, is a blockchain-based initiative that allows individuals to validate their human identity through iris scanning. Upon successful verification, users receive a &#8220;World ID&#8221; credential that can be seamlessly integrated into future applications, proving they are human.<\/p>\n<p>Notably, the project recently <a href=\"https:\/\/cryptoslate.com\/worldcoin-pushes-for-mainstream-adoption-via-integration-with-shopify-minecraft-reddit\/\">announced<\/a> its integration with several prominent online platforms, including Minecraft,\u00a0<a href=\"https:\/\/cryptoslate.com\/companies\/reddit\/\">Reddit<\/a>, Telegram, Shopify, and Mercado Libre.<\/p>\n<p>These milestones reflect the <a href=\"https:\/\/cryptoslate.com\/worldcoins-identity-service-captures-over-1-of-argentina-amidst-token-value-surge\/\">notable adoption<\/a> rate of the polarizing project despite the regulatory scrutiny about its data-handling practices from various regulatory authorities.<\/p>\n<h2>South Korea begins investigations<\/h2>\n<p>Earlier today, the South Korean regulatory body, the Personal Information Commission, <a href=\"https:\/\/www.pipc.go.kr\/np\/cop\/bbs\/selectBoardArticle.do?bbsId=BS074&mCode=C020010000&nttId=9963#LINK\">said<\/a> it initiated an investigation into Worldcoin's practices on Feb. 29, prompted by complaints over potential violations of data protection laws.<\/p>\n<p>The commission will scrutinize Worldcoin's gathering, handling, and possible international transfer of sensitive personal data. It added that any violations of local privacy regulations will prompt immediate regulatory action.<\/p>\n<p>The regulator furthered that Worldcoin was collecting facial and iris data at ten South Korean sites. Worldcoin has <a href=\"https:\/\/cryptoslate.com\/vitalik-says-worldcoins-iris-scanning-sufficient-in-privacy-preservation\/\">repeatedly highlighted<\/a> that it only collects &#8216;hashes' of biometric data and not the visual scans themselves.<\/p>\n<p>South Korea joins a growing list of jurisdictions scrutinizing Worldcoin's data collection practices. Regulatory bodies in <a href=\"https:\/\/cryptoslate.com\/hong-kong-authorities-investigating-worldcoin-over-data-privacy-concerns\/\">Hong Kong<\/a>, <a href=\"https:\/\/cryptoslate.com\/french-authorities-launch-probe-into-worldcoin-over-data-collection-practices\/\">France<\/a>, <a href=\"https:\/\/cryptoslate.com\/german-privacy-watchdog-has-been-investigating-worldcoin-since-november-2022\/\">Germany<\/a>, Britain, and Kenya have also taken an interest, with some issuing <a href=\"https:\/\/cryptoslate.com\/kenyan-authorities-claim-worldcoins-activities-amount-to-espionage\/\">directives to halt user registrat<\/a>ions.<\/p>\n<h2>WLD price performance<\/h2>\n<p>Despite these issues, the price of Worldcoin's <a href=\"https:\/\/cryptoslate.com\/worldcoin-up-170-weekly-to-all-time-high-following-openai-sora-breakthrough\/\">WLD token remains strong<\/a>, largely buoyed by <a href=\"https:\/\/cryptoslate.com\/insights\/bitcoin-passes-65000-as-liquidations-surge-and-halving-approaches\/\">recent market sentiments<\/a> and the <a href=\"https:\/\/cryptoslate.com\/worldcoin-up-170-weekly-to-all-time-high-following-openai-sora-breakthrough\/\">positive developments<\/a> surrounding the project's sister company, <a href=\"https:\/\/cryptoslate.com\/companies\/openai\/\">OpenAI<\/a>.<\/p>\n<p><em>CryptoSlate's<\/em> data show that WLD increased 246% during the past 30 days. However, its value has slightly corrected by 1.43% to $<span class=\"holepunch holepunch-coin_price_usd\">7.88 as of press time.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Worldcoin&#8217;s adoption continues to grow despite the growing privacy concerns from several jurisdictions. According to its website, registered users on its platform have reached almost 4 million in less than a year after its launch, registering more than 600,000 accounts within the past week. Worldcoin, a crypto project co-founded by\u00a0Sam Altman, is a blockchain-based initiative [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":401978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76736],"tags":[78951,79075,78824,78713],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Worldcoin userbase nears 4 million amid global privacy probes<\/title>\n<meta name=\"description\" content=\"Fast-growing Worldcoin faces scrutiny over its iris scan data collection from privacy regulators around the world.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/worldcoin-userbase-nears-4-million-amid-global-privacy-probes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Worldcoin userbase nears 4 million amid global privacy probes\" \/>\n<meta property=\"og:description\" content=\"Fast-growing Worldcoin faces scrutiny over its iris scan data collection from privacy regulators around the world.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/worldcoin-userbase-nears-4-million-amid-global-privacy-probes\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-04T15:30:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-06T15:27:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/03\/worldcoin-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/worldcoin-userbase-nears-4-million-amid-global-privacy-probes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/worldcoin-userbase-nears-4-million-amid-global-privacy-probes\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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